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(1)Part III of the [1987 c. 31.] Landlord and Tenant Act 1987 (compulsory acquisition by tenants of their landlord’s interest) shall be amended as follows.
(2)In section 25 (compulsory acquisition of landlord’s interest by qualifying tenants)—
(a)for subsection (2)(c) there shall be substituted—
“(c)the total number of flats held by such tenants is not less than two-thirds of the total number of flats contained in the premises.”; and
(b)subsection (3) shall be omitted.
(3)In section 27(4) (meaning of requisite majority in relation to qualifying tenants), for “more than 50 per cent.” there shall be substituted “not less than two-thirds”.
(4)In section 29(2) (conditions for making acquisition orders), the words from “and (c)” onwards shall be omitted.
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